The indicators below describe three dimensions of investor protection: transparency of transactions (Extent of Disclosure Index), liability for self-dealing (Extent of Director Liability Index), shareholders’ ability to sue officers and directors for misconduct (Ease of Shareholder Suits Index) and Strength of Investor Protection Index. The indexes vary between 0 and 10, with higher values indicating greater disclosure, greater liability of directors, greater powers of shareholders to challenge the transaction, and better investor protection.
Indicator |
Georgia |
Eastern Europe & Central Asia |
OECD Average |
Extent of disclosure index (0-10) |
8
|
6.1
|
5.9
|
Extent of director liability index (0-10) |
6
|
4.3
|
5.0
|
Ease of shareholder suits index (0-10) |
4
|
6.1
|
6.6
|
Strength of investor protection index (0-10) |
6.0
|
5.5
|
5.8
|